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ID:

titano-finance-79

Date:

Status:

Incident Count:

February 14, 2022

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

No

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Audit By:

Audits:

Solidity Finance

Loss Amount:

1,900,000

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Recovered:

-

Rewards:

Currency:

USD, BNB

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Platform

Staking

Contract Vulnerabilities

Extended Method:

logic error

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Days in Operation:

312

(0.85 Years)

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Titano offers automatic staking and yield farming paying 1.9% per day, or 102,483% compounded annually. rugged and stole $1.9m in #BNB through the PrizeStrategy contract. The exploiter sets the PrizeStrategy contract, which then drains about 4,828 BNB (~$1.9m)! The rugged funds were initially held in this wallet 0xad9217e427ed9df8a89e582601a8614fd4f74563 and then split into 24 addresses. SlowMist identifies the main cause of this incident is that the owner role can set the setPrizeStrategy function at will and recommend using a multi-sig wallet going forward or transferring the ownership role to community management.

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